| Loan Program | Borrower | Loan Amount | Criteria | Interest Rate | Fees | Repayment | Monthly Payment against SHU Account | Pre-Credit | Disbursement | Processing |
| CT FELP
Outside CT
860-236-1400
In CT 800-252-FELP www.chesla.org
| Student/ Co-Borrower | Cost minus total aid = maximum. $2,000 minimum. | Based on credit check and debt-to-income ratio of student and co-borrower. Student or co-borrower must have a minimum income of $20,000. | 6.99% Fixed Rate | 3.0% | Interest only paid while student in school. Principal can be pre-paid while in school without penalty. Six-month grace period and 140 months to repay after school. | Approximately $5.13 per $1,000 borrowed, for interest payment due while in school. | Yes | Disbursement sent directly to SHU through electronic fund transfer (EFT). | Approx. 4 to 6 weeks. |
| Federal Parent PLUS Loan
applyforaloan. sacredheart.edu
| Parent/ Step-Parent | Cost minus total aid = maximum. | Based on credit check of parent/step-parent. | fixed at 8.5% | Up to 4% | Principal and interest paid while student is in school. Ten-year repayment term. | Approximately $12.68 per $1,000 borrowed. | Yes | Disbursement sent directly to SHU through electronic fund transfer (EFT). | Approx. 2 weeks** |
| Citiassist
800-745-5473 www.studentloan.com/ schools/sacredheart/
| Student/ Co-Borrower | Cost minus total aid = maximum. | Based on credit check of student and co-borrower, debt-to-income ratio of co-borrower. | Prime -.50% to prime + 4.75% Adjusted quarterly | 0% to 5% | No payment while student is in school. Six-month grace period and up to 12 years to repay after school. | Flexible repayment options. | Yes | Disbursed directly to SHU through EFT. | Approx. 2 weeks* |
| Citizens Bank Signature Loan
800-708-6684 www.salliemae.com/ sacredheart/
| Student/ Co-Borrower | Cost minus total aid = maximum. | Based on credit readiness of co-borrower and or borrower. | LIBOR + 2.5% to 8.00%**** | 0%-3% fee at repayment for non-co-signed loan. | No payment while student is in school. Six-month grace period and up to 15 years to repay after school. | Flexible repayment options. | Yes | Disbursed directly to SHU through EFT. | Approx. 2 weeks |
| Key Alternative Loan
800-539-5363 www.key.com/shu
| Student/ Co-Borrower | Cost minus total aid = maximum | Based on credit readiness of co-borrower and or borrower. | LIBOR + 2.49% to 5.99% for co-signed loans. LIBOR + 3.49% to 6.99% for non co-signed loans. | Zero Fees | No payment while student is in school. Six-month grace period. | Flexible repayment options. | Yes | Disbursed directly to SHU through EFT. | Approx. 2 weeks |
| Wells Fargo Collegiate Loan
888-511-6364
www.wellsfargo.com
| Student/
Co-Borrower | Cost minus total aid = maximum | Based on credit readiness of co-borrower and or borrower. | Prime + 0% to Prime + 5.99% | Zero Fees | No payment while student is in school. Six-month grace period and up to 15 years to repay after school. | Flexible repayment options. | Yes | Disbursed directly to SHU through EFT. | Approx. 2 weeks |
| Wachovia Undergraduate Loan
877-689-0763
www.wachovia.com/privateloans
| Student/ Co-Borrower | Cost minus total aid = maximum | Based on credit readiness of co-borrower and or borrower. | Prime minus 0.50% to Prime + 4% | Zero Fees | No payment while student is in school. Six-month grace period. | Flexible repayment options. | Yes | Disbursed directly to SHU through EFT. | Approx. 2 weeks |
| College Loan Corporation Premier Loan
800-892-1588
www.collegeloan.com/premier
| Student/ Co-Borrower | Cost minus total aid = maximum | Based on credit readiness of co-borrower and or borrower. | Prime minus 0.50% to Prime + 10% | 0% to 10% | No payment while student is in school. Six-month grace period. | Flexible repayment options. | Yes | Disbursed directly to SHU through EFT. | Approx. 2 weeks |
| Campus Door
800-786-0002
www.campusdoor.com/studentloans
| Student/Co Borrower | Cost minus total aid = maximum. | Based on credit readiness of co-borrower and or borrower. | Prime -0.5% to Prime + 3.9% with cosigner.
Prime -0.5% to Prime +4.9% without cosigner. | 0% to 5% with cosigner.
0% to 9% without cosigner. | No payment while student is in school. 12 month grace period after graduation. | Flexible repayment options. | Yes | Disbursed directly to SHU through EFT. | Approx. 2 weeks |